MLB owners propose salary cap to union for first time since 1994-95 strike
Major League Baseball owners made their long-expected salary cap proposal to the players’ association on Thursday, a system the union has vowed never to accept, setting the sides on course for a confrontation that threatens the 2027 season and perhaps beyond.
Baseball owners haven’t proposed a firm cap since 1994.
Their effort prompted a 7 1/2-month strike that forced the cancellation of the World Series for the first time in 90 years.
The proposal would cap spending in 2027 at $245.3 million, with a salary floor of $171.2 million.
- MLB owners propose a salary cap for the first time since the 1994 strike that cancelled the World Series Fortune —
- MLB, MLBPA issue dueling labor proposals, but the end result likely won't look like either one The New York Times —
- MLB owners propose a salary cap for the first time since 1994-95 strike Boston Globe —
- MLB owners make salary cap proposal as fears grow over potential 2027 season strike The Independent —
- MLB owners counter players' union's proposal with salary cap for first time since 1994-95 strike Fox News —